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- Planning permission granted for the demolition of existing buildings and development of a mixed use scheme consisting of commercial use at ground floor level (Class E) and 6 storeys of student accommodation.
- The site is located just 0.7 miles from the University of Salford & Salford Crescent Rail Station from which the University of Manchester is accessible within 10 minutes.
- The accommodation will comprise 412 student beds across 148 apartments, GIA of 154,388 sq ft.
- Commercial premises will measure approximately 4,500 sq ft.
- The site is located at the edge of the £2.5 billion Crescent Salford regeneration project http://crescentsalford.com/.
- Estimated Rental Value of the completed scheme in the region of £4,400,000 per annum.
- CIL & S106 Liability - maximum contribution of £899,000 subject to viability appraisal. No affordable housing requirements.
- Potential for alternative uses such as Co-Living, BTR, subject to the necessary consents.
- Freehold for sale with Vacant Possession.
- Guide Price - £5,500,000 (Five Million Five Hundred Thousand Pounds) subject to contract.
